Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES
AND USE OF PROCEEDS:
The following table summarizes the Company’s purchases of its common stock for the three months
ended May 1, 2021:
ISSUER
PURCHASES
OF EQUITY
SECURITIES
Total Number of
Maximum Number
Shares Purchased as
(or Approximate Dollar
Total Number
Average
Part of Publicly
Value)
of Shares that may
of Shares
Price Paid
Announced Plans or
Yet be Purchased
Under
Period
Purchased
per Share (1)
Programs (2)
The Plans or Programs (2)
February 2021
-
$
-
-
March 2021
122,119
11.77
122,119
April 2021
303,542
13.81
303,542
Total
425,661
$
13.22
425,661
1,445,488
(1)
Prices include trading costs.
(2)
As of January
30, 2021, the
Company’s share
repurchase program had
1,871,149 shares
remaining in
open authorizations.
During the
first quarter
ended May
1, 2021,
the Company
repurchased and
retired 425,661 shares
under this
program for approximately
$5,629,130 or
an
average market price of $13.22 per share.
As of May 1, 2021, the Company had 1,445,488 shares
remaining in
open authorizations.
There is
no specified
expiration date
for the
Company’s
repurchase program.
ITEM 3.
DEFAULTS
UPON SENIOR SECURITIES:
Not Applicable
THE CATO CORPORATION
PART
II OTHER
INFORMATION
29
ITEM 4.
MINE SAFETY DISCLOSURES:
Not Applicable
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.